Challenor Finance

Few lenders value the importance of creating sustainable communities in South Africa.

Challenor Finance is a longstanding accredited finance provider that seeks to enrich the lives of South Africans by enabling them to become active contributors to the economy.

Challenor Finance as a reliable, specialized lender

Since its inception in 1991, Challenor Finance has provided in excess of 1.2 million short- and long-term personal loans to those who find themselves in need. With a track record of over 30 years, they can boast reliable, efficient lending to their customers.

Challenor Finance specializes solely in personal loans enabling them to provide their customers with expert, highly specific advice and assistance that companies with a broader range of loan products may not always be able to provide.

Valuing customer centricity and satisfaction

Customer centricity and satisfaction make up the core of Challenor Finance as a business that sets them apart from other credit providers. Their gradual expansion from Kwa-Zulu Natal, where it all began, to seven more provinces is a testament to their commitment to putting the needs of the customer first.

Excellent support

Challenor Finance has friendly staff who are always available to help you with any queries that you might have regarding their loans and the application process.

Challenor Finance also assists you to make financially sound decisions by providing you with a range of articles containing tips on how to make the best of your money and ensure a financially secure future. These articles are on their website and are freely accessible!

Visibility for your convenience

Challenor Finance wants you to stay up to date so that you can take full advantage of its offerings. You can find them on Facebook and LinkedIn where they post their latest finance offerings and technological developments designed with you in mind.

Challenor Finance understands that life is full of financial surprises and demands that you may not always be able to meet on your own. With this in mind, their offer caters for a wide range of needs, which may include:

• Lobola
• Finance to host traditional ceremonies
• Education fees
• Hobby-related purchases such as golf club sets and musical instruments
• Building and furniture finance
• Emergencies such as funerals and medical procedures
• Holidays

In essence, their personal loans can be used for anything. Challenor Finance has a range of supporting services to make your borrowing experience as seamless as possible.

Partnering with furniture stores

The accredited lender has partnered with several furniture stores. As part of the arrangement, Challenor Finance pays the full purchase amount to the store on behalf of its customers. In turn, its customers pay them over the agreed period of time.

Flexible repayment periods

Challenor Finance also understands that your needs are specific and may require assistance over a short or long period of time.

That’s why you’re able to choose the length of your repayment term. Short-term loans can be repaid over a minimum of 3 months, while long-term loans can be repaid over a maximum period of 24 months.

Access a personal loan of up to R80 000

Challenor Finance offers personal loans ranging from R2 000 to R80 000. They engage in responsible lending and ensure that they consistently meet the following criteria:

• Offer their customers competitive lending rates
• Issue the payments directly into the customers’ bank account within 24 hours of approval
• Do not charge any upfront fees that put an unnecessary financial strain on their customers
• Offer fixed interest rates and monthly repayments
• Allow the customer to choose between short and long-term offerings that best suit their needs

If you're looking for a fast, convenient personal loan with reasonable terms that will leave you feeling lighter and in a better space financially, you do not need to look any further than Challenor Finance!